Sunday, March 25, 2007
Stealing Without Spending
According to an article in the ABA Journal E-Report, prosecutors in the Eastern District of Louisiana have indicted a lawyer on federal charges, including money laundering, for allegedly taking "millions of dollars from clients and his former law firm." The article discusses the most interesting aspect of this case - that although money was allegedly taken - there does not appear to have been money spent by the lawyer.
(esp)
http://lawprofessors.typepad.com/whitecollarcrime_blog/2007/03/stealing_withou.html